This year, tech CEOs drew inspiration from a 1990s sci-fi novel, Reddit investors' lexicon seeped into the mainstream as "diamond hands” and "apes” shook Wall Street, and something called a DAO tried to buy a rare copy of the US Constitution. If you're still drawing a blank as 2021 wraps up, here's a short glossary: METAVERSE The metaverse broadly refers to shared, immersive digital environments which people can move between and may access via virtual reality or augmented reality headsets or computer screens. Some tech CEOs are betting it will be the successor to the mobile internet. The term was coined in the dystopian novel "Snow Crash” three decades ago. This year CEOs of tech companies from Microsoft to Match Group have discussed their roles in building the metaverse. In October, Facebook renamed itself Meta to reflect its new metaverse focus. WEB3 Web3 is used to describe a potential next phase of the internet: a decentralized internet run on the record-keeping technology blockchain. This model, where users would have ownership stakes in platforms and applications, would differ from today's internet, known as Web2, where a few major tech giants like Facebook and Alphabet's Google control the platforms. SOCIAL AUDIO Tech… Read full this story
- Global housing markets face tougher year in 2021 - Reuters poll
- Sinéad O'Connor to enter a year-long treatment program for trauma and addiction
- Samsung Galaxy S21 expected to launch in January 2021
- Apple unlikely to announce updated iPhone SE in the first half of 2021
- IPL 2021: BCCI planning to float 9th IPL franchise, how will it impact other teams and broadcasters?
- 2021 Nissan GT-R Review: Fast, Visceral and Beautiful
- IPL 2021: Malayalam Superstar Mohanlal, Bollywood star Salman Khan interested in buying 9th team in IPL?
- In a nightmare year, Victor Glover is on the verge of living his dream
- Bumble is reportedly planning for a 2021 IPO
- Best Tech Gift Ideas 2020: Top Gifts in Gadgets and All Things Tech
Year Ender 2021: Metaverse, NFT, Web3 - Tech You Should Know Before Entering 2022 have 324 words, post on www.news18.com at December 31, 2021. This is cached page on wBlogs. If you want remove this page, please contact us.